On Friday, a bench of the Supreme Court (SC) presided over by Chief Justice of India (CJI) DY Chandrachud and Justice PS Narasimha dismissed Spicejet’s applications seeking an extension to pay Rs. 75 crore to Kal Airways and Kalanithi Maran.
While dismissing the petition, the court stated that the current application is “nothing more than a delay tactic by Spicejet Ltd to not pay money even when there are court orders directing the same.”
On February 13, the Supreme Court issued a judgment instructing Spicejet to pay Rs 75 crore to Kal Airways and Kalanithi Maran within three months for its interest liabilities under the arbitral decision. The Supreme Court also stated that if Spicejet fails to pay, the entire award will become “executable in entirety in favor of Kal Airways and Kalanithi Maran.”
Spicejet filed the applications, requesting a two-month extension of time after the three-month limit passed on May 13. When the case was heard, Maninder Singh, who represented Kal Airways and Kalanithi Maran, claimed that Spicejet was not following the court’s directives.
It had previously failed to comply with a Delhi High Court ruling instructing Spicejet to produce an affidavit of asset disclosure, which has yet to be filed. On May 29, the Delhi High Court ordered Spicejet to pay Kal Airways and Kalanithi Maran the total executable sum under the award.
